Whatever OPEC decided to do has energy prices spiking. ENERGY STOCKS are gapping up nicely. There has been a lot of deterioration in this area recently, the opposite of what it did into the highs of mid-May. If a low is in, this would be a big help to some indices. Of course, will not help airlines and cruise lines.
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- RADIO SHOW 12/13December 14, 2018 - 9:24 am
- ANOTHER BUBBLE BURSTSDecember 14, 2018 - 8:11 am
Those that listen to the radio show, watch us on tv and read our psychotic missives know we were all over the “coin” mania/bubble/scam. All the way back last December, in the midst of the climactic move, we wrote to you and told you that this was all bull crap. We told you there was […]
- IS IT JANUARY ALREADY?December 14, 2018 - 7:50 am
Even though the DOW was up 70 yesterday, Advance/declines were horrid. New yearly lows picked up markedly with another 1,000+ names just above new yearly lows. TRANSPORTS, SMALL CAPS, MID CAPS, RETAIL, REGIONAL BANKS, THE BIG BANKS and a slew of OTHER AREAS finished at either closing lows or new yearly lows. We cannot begin […]